A day doesn't go by that we don't get a call for financing ideas on single wide mobile homes.  There are so many in Florida, because people retire here on fixed incomes and single wides are a super value.  But, if you can't pay cash for your retirement pad, what are the options, if any?

FHA loans are available on single wides if you call the right mortgage expert (hint, hint).  Single wides on rented land can't be financed by an FHA insured loan because the land is not part of the collateral.  Here we'll need 20-30% down and a smart mortgage broker that knows how to finance a chattel loan.

Our Florida DMV regulates manufactured homes in our state.  The rules vary so much state-to-state that many lenders only lend on Florida mobile homes.  There are so many here, that it's worth the investment to learn how to underwrite these loans.  We get calls from other states all the time asking for any kind of hints on financing single wides.  Unfortunately, we cannot help, sorry.

In Florida though, there is not a whole lot we can't do.  We are working on a 1955 single wide mortgage right now, in Orlando!  The snow birds are coming down for the winter and we are getting ready for a huge surge in business. 

Of course, we can do regular frame or block homes loans, modular home loans, log cabin mortgages, commercial and retail store loans too.  We started helping seniors with HECM or reverse mortgages this year too. 

For all of your Florida mortgage needs, talk to an expert in the business, talk to Rebecca at 863-604-0169 or visit our websites at http://bojacy.com or http://bojacy.com/ReverseMortgage